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The export volume of Petrobras reached a new record in April. Comefrom:CCIN    AddDate:2020-05-07    Hit:2113

Thanks to the steady exports to China, Brazil exported 30.4 million barrels of oil in April, with an average of more than one million barrels per day, creating a new record for a single month, Petrobras said In the communique.

Data showed that about 60% of Brazil's oil were exported to China in the first four months of this year. Executives responsible for business of refined oil and natural gas said that Brazil has the advantages of low content of sulfur in crude oil, and China is the important market of it. Petrobras is improving the logistics and other supporting conditions, and hope to be able to provide better services for China.

In the communique, Petrobras said, due to the declined demand in Brazil, the company would gradually increase its crude exports to China, the United States, the European Union and India on the basis of meeting the local demand in Brazil.

Established in 1953, petrobras is one of Brazil's largest state-owned companies, responsible for the exploration, production, import and export of most of Brazil's oil fields.